Asiamet Resources - Re: ARS Stream Log - Beaufort's note on Asiamet is...

Live Discuss Polls Ratings
View
Page
16:46 23/05/2016

Beaufort's note on Asiamet is up on Research Tree, it's accessible for free: "The update mentioned above underpins the considerable potential and quality of the BKM mine. The PEA study results are attractive, indicated by high NPV and IRR. In addition, the study indicated low operating costs, low strip ratio, strong cash flow generation capacity and short payback period. Moreover, further work and exploration in and around the BKM mine would enhance project value. The mine remains open in several directions with presence of targets at Beruang Kanan South (BKS), Beruang Kanan West (BKW) and BKZ polymetallic prospects. These prospects have great potential for additional copper mineralisation, indicated by strong surface and drilling results until date. Asiamet plans to carry out drilling at the targets around the BKM site to expand resource potential. We are buoyed by Asiamet's PEA study results and look forward to further developments. Therefore, we maintain..."

Page